Pros and Cons of Living In Greenacres, Florida. Is Greenacres, FL a Nice Place To Live or Retire?

Greenacres, Florida

Moving to Greenacres In Florida ? Is Greenacres, FL a Nice Place To Live? Pros and Cons of Living in Greenacres, Florida. Find out the best and worst about to live, raise a family or retire in Greenacres.

Greenacres is a city in Palm Beach County, Florida, United States. It is part of the Miami metropolitan area in South Florida. As of the 2020 census, the city had a population of 43,990 residents.

Frederick E. Bryant, Harold J. Bryant, and William Greenwood of the Palm Beach Farms Company began buying and selling thousands of acres of land in the area by 1909. However, difficulties with farming in wetland conditions left the land mostly unused until the 1920s land boom. Lawrence Carter "L. C." Swain then platted the original section of Greenacres beginning in 1923. The community was incorporated as Greenacres City on May 24, 1926, with the name being drawn out of a hat. The city was dis-incorporated under controversial circumstances...

DEMOGRAPHICS

Population
41242
Unemployment
6.4%
36% NAT AVG.
Poverty
16.2%
16% NAT AVG.
Cost Of Living
98
2% NAT AVG.

ECONOMICS

Median Home Cost
$173100
25% NAT AVG.
Median Income
$47840
29% NAT AVG.
Median Rent
$1397
20% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 16
People Earning < $10,000
1 in 19
People Earning < $50,000
51.8%
People With Any Degree
1 in 3

ETHNICITY

Ethnicity Greenacres USA
White 27.7% 60.1%
African American 24.1% 12.2%
American Indian 0% 0.6%
Asian 3.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.9% 2.8%
Hispanic 42.5% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Greenacres USA
Less than $10,000 5.4% 5.8%
$10,000 to $14,999 4.6% 4.1%
$15,000 to $24,999 11.7% 8.5%
$25,000 to $34,999 10.2% 8.6%
$35,000 to $49,999 19.9% 12.0%
$50,000 to $74,999 20.9% 17.2%
$75,000 to $99,999 11.4% 12.8%
$100,000 to $149,999 9% 15.6%
$150,000 to $199,999 2.3% 7.1%

EDUCATION

Education Greenacres USA
< 9th Grade 9% 5.0%
9-12th Grade 8% 7.0%
High School or GED 31% 27.0%
Other College 19% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Greenacres is a city in Florida state in USA with a population of 41242 residents.. The poverty rate of Greenacres is 16.2%, which is 16% higher than national average. The typical household in Greenacres earns $47840 a year, compared to the national median of $67,500. Nearly 51.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Greenacres remained 6.4%, which is 36% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Greenacres is 98, which is 2% lower than national average. In Greenacres, only 23% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Greenacres is $173100 , which is 25% lower than national average. While median income in Greenacres remained $47840, which is 29% lower than national average.
Greenacres Scorecard

Jobs60%

Housing85%

Affordability40%

Safety95%

Amenities95%

Diversity100%

Education60%

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